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716 W 3rd Street Kewanee, IL 61443 Multi Unit - Multiple Active

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Description

Great cash flow in this triplex with 2 - 2bed, 1 bath units and 1 very large unit with 3 bed, 2 bath. New metal roof 2025! Full rehab with new vinyl double hung windows, insulation and siding with full tear-off 2020-2021. New 40 gallon water heater installed 7/2025, comes with 9 year warranty. Clean Termite Inspection February 2026. Seller providing preventative treatment with renewable warranty. Apt 1: 2,000 sq ft. Carpets in living room, back bedroom and master bedroom 2018. Laminate flooring 2019 in 3rd bedroom and in hallway and mudroom 2022. Luxury vinyl plank in kitchen and laundry 2019. Electric and gas hook ups in laundry room. New exterior front porch and stairs 2021. New sliding glass door and front picture window 2021. New exterior main door and storm door 2022. Rent $850. Apt 2: Remodeled 2020. New kitchen includes: Cabinets, sink, windows, luxury vinyl plank flooring, & GFCI protected outlets. New electric service panel, furnace, toilet and interior doors 2020. Plumbed for in unit washer and electric dryer- 2024. Large dining, living and bathroom with laminate flooring in living and dining room. New gas furnace 2019. Rent - $675. Apt 3: New carpet in bedrooms and living room 2019. New vinyl plank flooring kitchen and bathroom 2024. Large furnace work completed 2020 and upgraded plumbing 2024. New kitchen faucet, toilet, electric service panel and electric wiring 2019. Kitchen exhaust fan 2021. Rent -$650. Owner is licensed real estate agent in IL/IA.

Property Highlights

Property Type: Multi Unit - Multiple
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General Information

Bedrooms: 7
Bathrooms: 4
Sqft: 4,000
County: Henry
High School: Kewanee High Schools
MLS ID:
$141,500
Est. $1,038/mo
7beds
4baths
4,000sqft
Featured Listing Active
BEDS7 BATHS4 full SQUARE FEET4,000 MLS#QC4262286
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 229

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716 W 3rd Street, Kewanee, IL 61443.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $141,500$141,500$141,500
Down Payment $28,300$4,953$35,375
Monthly Mortgage Amount $688$833$874
Taxes $250$250$250
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$62$0
Monthly Estimated Total $1,038$1,245$1,224

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